Two-Space Retail
For Sale
$379,000
6582 Route 191, Cresco, PA 18326
Commercial Sale, Cresco, PA
Property Size1,872 SF
Lot Size0.58 Acres
Price / SF$202.46
Days on Market208
Property Features for 6582 Route 191
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use Vill
Parking
15
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Barrett Township
Standard status
Active
APN
01.9.1.50
Size
1,872 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3110
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Propane (Heating)
Water source
Well
Building Details
Year built
1997
Floors in Building
1
Building materials
Vertical Siding, Wood Siding
Roof type
Shingle, Fiberglass, Asphalt
Listing Agency:
Keller Williams Real Estate - Stroudsburg · Keller Williams Realty
(570) 421-2890
Listed By:
Walter J Lewis · License #RS288060
(570) 421-2890
Added: Feb 2
Changed: Aug 25
Last Checked: Aug 29 at 3:06AM
MLS# PM-138675
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,872-square-foot retail building sits on 0.58 acres and is configured as two distinct commercial spaces. Each space has separately metered utilities, allowing an occupant to use one area, combine both, or lease the spaces independently. The property currently operates as Mountainhome Antiques.
Built in 1997, the building features vertical and wood siding, an asphalt shingle roof, propane heating, and cable availability. Water is provided by a well, with septic service in place. The site includes occupancy permits and documented site and septic designs. Zoning is Mixed Use Vill, providing the recorded land-use designation for the property.
Built in 1997, the building features vertical and wood siding, an asphalt shingle roof, propane heating, and cable availability. Water is provided by a well, with septic service in place. The site includes occupancy permits and documented site and septic designs. Zoning is Mixed Use Vill, providing the recorded land-use designation for the property.
Key Highlights
- 1,872‑square‑foot retail building on 0.58 acres
- Two separate commercial spaces with individually metered utilities
- Current operation is Mountainhome Antiques
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,111
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,220
$422.2K
Cap Rate 7%
$301,586
$301.6K
Cap Rate 9%
$234,567
$234.6K
Market Conditions
NOI Build-Up for 1,872 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.7K $18.00/SF
− Vacancy
−$3.5K −$1.89/SF
EGI
$30.2K $16.11/SF
− OpEx
−$9.0K −$4.83/SF
NOI
$21.1K $11.28/SF
Area
Monroe County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$422,220
Cap Rate 7%
$301,586
Cap Rate 9%
$234,567
Alternative Uses
Best Use
Retail
$301.6K
$263.9K – $351.9K
NOI $21,111 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.3K
$490.3K – $653.7K
NOI $39,222 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 18326, PA
4,291
Population
1,914
Households
2.2
Avg Household Size
48
Median Age
22%
College-Educated
97%
High-School Grad
33.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,827
Median Household Income
$34,911
Median Earnings
$945
Median Rent
$244,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Flexible layout supports separate occupancy and individually metered utilities.
Where is this retail space located?
The property is located at 6582 Route 191 Cresco, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 1,872‑square‑foot retail building on 0.58 acres; Two separate commercial spaces with individually metered utilities; Current operation is Mountainhome Antiques
